Active
$2,950,000
6%
7 Units
11 Beds
12 Baths
5,072 Area(sq.ft.)
Lot: 6,853 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 2,600 | $ 2,600 | $ 2,650 |
| Unit 2 | 1 | 2 | 2 | No | $ 1,625 | $ 1,625 | $ 2,650 |
| Unit 3 | 1 | studio | 1 | No | $ 1,650 | $ 1,650 | $ 1,750 |
| Unit 4 | 1 | 2 | 2 | No | $ 2,500 | $ 2,500 | $ 2,650 |
| Unit 5 | 1 | 2 | 2 | No | $ 1,635 | $ 1,635 | $ 2,650 |
| Unit 6 | 1 | 2 | 2 | No | $ 2,035 | $ 2,035 | $ 2,650 |
| Unit 7 | 1 | 1 | 1 | No | $ 2,200 | $ 2,200 | $ 2,200 |
| 7 | 11 | 12 | $ 14,245 | $ 14,245 | $ 17,200 |
| MLS #: | SR25075327MR |
| Days On Market: | 246 |
| Listing Date: | April 4, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 582 |
| Price per unit: | $ 421,429 |
| Year Built: | 1963 |
Property Details
Location! Location! Location! Proud to offer this 7-unit apartment building located in highly desirable rental market of Burbank known as the media capital of the world. The building consists of (5) 2-bedroom, 1.5-bathroom units, (1) 1-bedroom, 1-bathroom units, and (1) studio, 1-bathroom. Each unit comes with designated parking spot. The building has been well maintained by a long term owner. Community laundry machines belong to the owner and provide an additional cash income. Two units on the second floor come with balconies, including spacious front balcony with the street view. Two first floor units include patios. Crawling space under the building provides for an easy maintenance access. Burbank is a home to Disney Studios, Warner Brothers, and NBC. The city has great restaurants, variety of shopping stores and top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. Motivated Seller! Bring your Offer!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 14,128 |
| Net Operating Income: | $ 156,812 |
Structure
| Community Features: | Suburban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
Interior
| Laundry: | Laundry Area |
| Laundry Income: | 350.00 |
Exterior
| Pool: | No |
Detailed Map
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